Hitachi Energy to invest $1.5bn by 2027 to expand global transformer manufacturing, creating 4,000 jobs and supporting electrification efforts.

Hitachi Energy plans to invest $1.5bn to expand its global transformer manufacturing capacity by 2027, supporting growing demand and electrification efforts. This investment comes in addition to the $3bn already committed to the electrification of the energy system, driven by the energy transition. The expansion will create over 4,000 jobs and bolster the company's existing global footprint.

April 23, 2024
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